british probe found barclays conspired to manipulate the london interbank offered rate, o which provides twins of dollars in transactions across the globe. the manipulation meant millions of borrowers paid the wrong amount on their loans. appearing before a british parliamentary committee, the day after his resignation, diamond called the company's action reprehensible but said top executives had moved swiftly to take action. >> when i read the emails from those traders, i got physically ill. it is reprehensible behavior. if you're asking me should those actions be dealt with, absolutely. >> i think it is a sign of barclays that we're willing to be first, willing to come out with this. >> diamond is the second top barclays executive to depart after chairman marcus agius resigned last week. also speaking at the british parliamentary hearing, liver member of parliament said they had shown negligent behavior. >> [unintelligible] two chief executives has been doing finally wrong things. it is too frightened to or to disinterested to actually tell the chief executor. that is a very worrying thing t